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Destination XL Group (Destination XL Group) ROE %

: 13.97% (As of Jan. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Destination XL Group's annualized net income for the quarter that ended in Jan. 2024 was $20.9 Mil. Destination XL Group's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $149.9 Mil. Therefore, Destination XL Group's annualized ROE % for the quarter that ended in Jan. 2024 was 13.97%.

The historical rank and industry rank for Destination XL Group's ROE % or its related term are showing as below:

DXLG' s ROE % Range Over the Past 10 Years
Min: -237.51   Med: -10.88   Max: 209.5
Current: 19.01

During the past 13 years, Destination XL Group's highest ROE % was 209.50%. The lowest was -237.51%. And the median was -10.88%.

DXLG's ROE % is ranked better than
80.37% of 1085 companies
in the Retail - Cyclical industry
Industry Median: 6.02 vs DXLG: 19.01

Destination XL Group ROE % Historical Data

The historical data trend for Destination XL Group's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Destination XL Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.32 -237.51 209.50 91.20 19.47

Destination XL Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.15 19.70 31.46 10.69 13.97

Competitive Comparison

For the Apparel Retail subindustry, Destination XL Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Destination XL Group ROE % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Destination XL Group's ROE % distribution charts can be found below:

* The bar in red indicates where Destination XL Group's ROE % falls into.



Destination XL Group ROE % Calculation

Destination XL Group's annualized ROE % for the fiscal year that ended in Jan. 2024 is calculated as

ROE %=Net Income (A: Jan. 2024 )/( (Total Stockholders Equity (A: Jan. 2023 )+Total Stockholders Equity (A: Jan. 2024 ))/ count )
=27.854/( (137.228+148.953)/ 2 )
=27.854/143.0905
=19.47 %

Destination XL Group's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=20.936/( (150.767+148.953)/ 2 )
=20.936/149.86
=13.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2024) net income data. ROE % is displayed in the 30-year financial page.


Destination XL Group  (NAS:DXLG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=20.936/149.86
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.936 / 548.568)*(548.568 / 365.2005)*(365.2005 / 149.86)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.82 %*1.5021*2.4369
=ROA %*Equity Multiplier
=5.74 %*2.4369
=13.97 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=20.936/149.86
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (20.936 / 29.34) * (29.34 / 32.724) * (32.724 / 548.568) * (548.568 / 365.2005) * (365.2005 / 149.86)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7136 * 0.8966 * 5.97 % * 1.5021 * 2.4369
=13.97 %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Destination XL Group ROE % Related Terms

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Destination XL Group (Destination XL Group) Business Description

Traded in Other Exchanges
N/A
Address
555 Turnpike Street, Canton, MA, USA, 02021
Destination XL Group Inc is a retailer of branded and designer men's clothing and footwear in the United States. The company sells shirts, outerwear, suits, sleepwear, footwear and other accessories through branded stores like Polo, Reebok, Oak Hill, Robert Graham, Lacoste, Levi's and True Nation. It also sells products across the world.
Executives
Robert S Molloy officer: Vice President,General Counsel C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Jack Boyle director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Anthony Gaeta officer: SVP, Store Sales & Operations 555 TURNPIKE STREET, CANTON MA 02021
Allison Surette officer: SVP, GMM C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Dara Pauker officer: Chief Operating Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
John F Cooney officer: Chief Accounting Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Stacey Jones officer: Chief Human Resources Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Ivy Ross director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Francis C Chane officer: VP, Distribution & Logistics C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Stratton Peter H Jr. officer: SVP Finance,Controller,CAO C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Ujjwal Dhoot officer: Chief Digital Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
James Reath officer: Chief Marketing Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Willem Mesdag director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067